Massive job cuts at tech companies could make Allstate's hiring search easier, according to chief financial officer Jess Merten.

Tech firms laid off more than 150,000 workers globally in 2022, with a further 38,800 layoffs already announced in 2023.

Sector reacts to post-pandemic shift in digital spending and gloomy economic outlook for 2023.

The plan marks the biggest solar investment spurred so far by the massive tax incentives introduced last year.

John Ferguson, chief executive officer of TBM Consulting Group, discusses the importance of Taiwan to global semiconductor production, and tells how the supply chain would be impacted by China invading Taiwan.

The job cuts represent a swift about-turn for the retailer that recently doubled its basic pay ceiling to compete more aggressively for talent.

The South Korean carmaker, which makes the popular Ioniq 5 and EV6 electric cars, said it would reach its targets in part by optimizing its production processes, logistics and sales by region.

In 2022 alone, companies announced more than $73 billion in planned projects — more than three times the previous record, set in 2021.

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Recent military exercises held by Beijing around Taiwan have reignited concerns about the world’s dependence on the island for semiconductors.